Organization, Power and Qualification. Bank is a national banking association duly organized, validly existing and in good standing under the laws of the United States of America and has full corporate power and authority to enter into this Agreement and to carry out the provisions of this Agreement. Bank is duly qualified and in good standing to do business in all jurisdictions where such qualification is necessary for Bank to carry out its obligations under this Agreement.
Organization, Power and Qualification. Division and Factoring are corporations duly organized, validly existing and in good standing under the laws of the state of Delaware and Nevada, respectively, and have full corporate power and authority to enter into this Agreement and to carry out the provisions of this Agreement. Company is duly qualified and in good standing to do business in all jurisdictions where Company is located, except where the failure to so qualify would not have a material adverse effect on the business of the Company, or where the failure to so qualify would not have a material adverse effect on Company's or Bank's ability to continue operation of the Plan.
Organization, Power and Qualification. Such party is duly organized, validly existing and in good standing under the laws of its jurisdiction or organization and has full power and authority to enter into this Agreement and to carry out the provisions of this Agreement. Such party is duly qualified and in good standing to do business in all jurisdictions where located and/or conducting business, except where the failure to be so qualified would not have a material adverse effect on such party’s business or such party’s or the other party’s ability to perform as required under this Agreement or operate the Program.
Organization, Power and Qualification. Spiegel and Xxxxx Xxxxx are corporations duly organized, validly existing and in good standing under the laws of the state of Delaware and have full corporate power and authority to enter into this Agreement and to carry out the provisions of this Agreement. Each entity is duly qualified and in good standing to do business in all jurisdictions where they are located, except where the failure to so qualify would not have a material adverse effect on their business, or where the failure to so qualify would not have a material adverse effect on Spiegel Group's or Bank's ability to continue operation of the Plan.
Organization, Power and Qualification. Company is duly organized, validly existing and in good standing and has full power and authority to enter into this Agreement and to carry out the provisions of this Agreement. Company is duly qualified and in good standing to do business in all jurisdictions where located and/or conducting business, except where the failure to be so qualified would not have a material adverse effect on Company’s business or Company’s or Bank’s ability to perform as required under this Agreement or operate the Plan.
Organization, Power and Qualification. Seller is a corporation duly organized, validly existing and in good standing under the laws of the State of Florida. Seller has the power and authority to own, lease, and operate its properties and assets and to carry on its business and Seller has, subject to approval of the Bankruptcy Court in the Bankruptcy Case, the corporate power and authority to enter into this Agreement and to consummate the transactions contemplated hereby.
Organization, Power and Qualification. (i) Seller is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware and is duly qualified and in good standing to do business in each jurisdiction in which the character of its properties or the nature of its activities requires such qualifications;
Organization, Power and Qualification. Buyer is a corporation duly organized and validly existing, and is in good standing, under the laws of its jurisdiction of incorporation or organization, has the power and authority to own its property and to carry on its business as now being conducted and hereafter proposed to be conducted and is duly qualified and is in good standing as a foreign corporation or partnership, and authorized to do business, in all jurisdictions in which the character of its properties and assets or the nature of its business as now being conducted requires such qualification or authorization.
Organization, Power and Qualification. (i) Purchaser is a corporation duly organized, validly existing and in good standing under the laws of the state of its incorporation and is duly qualified and in good standing to do business in each jurisdiction in which the character of its properties or the nature of its activities requires such qualification;
Organization, Power and Qualification. Bank is a Delaware state bank duly organized, validly existing and in good standing under the laws of the United States of America and has full corporate power and authority to enter into this Agreement and to carry out the provisions of this Agreement. Bank is duly qualified and in good standing to do business in all jurisdictions where such qualification is necessary for Bank to carry out its obligations under this Agreement.
